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Why DigitalOcean Stock Plummeted 28.6% in January

TheMotleyFool

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Why DigitalOcean Stock Plummeted 28.6% in January

Shares of DigitalOcean (NYSE: DOCN) sank 28.6% in January, according to data from S&P Global Market Intelligence. The cloud infrastructure company's stock suffered big pullbacks in a month that also saw the S&P 500 index slump by 5.3% and the Nasdaq Composite index fall 9%.